Displacement Fixed Cost Contract Type
This contract type will calculate an energy and cost based upon a displacement resource, fuel price, and zonal price. The contract must specify a valid Displacement Resource, Pricing Fuel, and Fuel Factor.
If the Displacement Resource is running (i.e., Output > 0 for that hour), then the contract energy and cost will be as follows:
[Energy] = [Displacement Resource Capacity]
[Cost] = [Energy] * [Energy Cost] * [Cost Shape]
If the Displacement Resource is not running, then
[Energy] = 0
[Cost] = [Displacement Resource Capacity] * { [Energy Cost]*[Cost Shape] - [Fuel Factor]*[Fuel Price] + [Displacement Penalty] * ( [Fuel Factor] * [Fuel Price] – [Zonal Price] ) }
Displacement Fixed Cost Contract Type
